The Somerset reporter. [volume] (Skowhegan, Me.) 1868-1909, 1887-04-13

dollars nor murr than twenty dollars
section l. Whenever the right OF any person u
vote IN any such PRIMARY meeting or clcs or con.
seution is challenged for reasonable cause by
three more persons present ia such meeting, Of
whose righ. to participate therein the presiding
oficeI has doubt. such challenged person shall
upt VOTE unless the presiding officer shall notwith-
standing such challenge, be Atiared OF his right
AMI shall authorize him so 10 do until all PRESENT,
whose right to vote in such meeting Is uneliAi-
l.nsed hAvc had nm opportunity 10 vote. after
which and prior to the defamation Of such vote.
il' question Of the right Of any person pers1ns
challenged 10 vote, shall be submitted by the
presiding ufeer TO such meeting, aud the chal-
lHscd vote votes shall then be received II such
mretinr shall so determine aud not other" st.
Ani II any person whose right 10 Vote In fuch meet
iHg has been thus challenged. shall, after such
challenge and prior to such determination of his
r,h, so to do vote upon the question OF Receiving
lbs own vote or upon any other question in sad
meeting or caucus, he shall be subjected 10 tue
penalty prescribed IN the preceding section.
Section b. The provisions of this act shall be- mp
ploabie only to cities OF more than tweny I've thou
slnd inhabitants. lApproyed March 3. ISL
Chapter 50.
AN ACT relating to the fees Of the sheriff CT the
County OF Oxford.
BE it enacted, &c. as follows:
SEXTON |. The fec for attendance on the supreme
Judicial court, BY The sheriff OF oxford county,
shall be three dollars per day.
Section Q This act shall takr eiler; when hll-
proved. tApproyed March ., lssi.
Chapter 60.
AN ACT to create II lien on last blocks.
BE 1t enacted, &c, as follows
Section /. Whoever labors in the manufacturing
OF last blocks, or cuts or furnishes wood tor the
manufacture Of the same, ia engaged in cook my
for persons engaged in such labor on FURNISHES
team for the hauling OF said last blocks the um
Der irom which they are Manufactured has a lien
Oh said last blocks for the amount due him for his
personal labor thereon, or that of his team AMI Tor
the amount due for wood cut furnished,
which takes precedence OF ali other claims, except
liens reserved to the state. said lien shall continue
for thirty days after the sud last blocks are stored
shall nfl-
forced by attachment.
Section . Section forty-two of chapter ninety.
one Of the revised statutes is hereby made i.iplt-
cable to suits brought to enforce tue foregoing
liens. Approved March g. 1851
Chapter 81.
AN ACT to amend chapter forty seven Of the
kevlsed Statutes, rclnting 10 Loan and Building
he it enacted, &c as foliows
chapter fotty-seyen Of the revised statutes Is
hereby amended by striking out section. one hun
dred and thiriyfour one hundred and thirty i've,
one hundred and thirty-sis, one hundred and
thirty seven and one hundred and thrty-cghi OF
sid chapter forty.seven. and Inserting Instead
Section iA The capital to he accumulated
shall not exceed one million dollars aud shall he
divided into shares OF the ultimate value Of two
hundred dollars each The slllrea ray be issued IN
quarterly half yearly yearly series. In such
amounts and At such times the meinbcrs niai
determine No person shall hold more than twenty
I'VE shnrc@ IN the capital of any one such assncil-
ton No shares OF n prior series shall be issued
Alter the issue OF new seriHs
Section lS. The number, title dn'ie, and com
pensation OF the officers OF the association their
terms of office the time OF their election. rs welt
"a the qualifications of electors, mad tune OF each
periodical meeting Of tho officers and me MIXERS
shnii be determined by the by laws, but no member
sih.li be entitled to more than one vote. All oni-
GERS shall continue In Office until their successors
are duly elected, and no association shall c.piro
from neglect on il part to elect officers at the time
prescribed by the BY laws,
Section Ij5 Tho officers shall hold stated
monthly meetings. At or before dach of these
meetings, every member shall pay to the associa-
Ton. as contribution to l's capital one dollar, ~
dues upon each share held by him, until the share
reaches the ultimate value OF two hundred dollars
OF Is withdrawn, cancelled or forfeited. Payment
OF duee each serea shall commence from its
issue.
Section 1877. Shares may be withdrawn after
one months notice Of such intention, written In a
book held and provided by the association for the
purpose, Upon such withdrawal the Shareholders
account shall be settled as fellows: from tho
amount then standing to the credit OF the sarea to
be Withdrawn, there shall be deducted all fines a
proportionate part of any unad usted oSs, together
win such proportion VI tile profits previously
credited to the shares the bylaws may proyidc,
and such shareholder shall DO raid tho balance,
provided that at no time shall more than one hall
81 the funds in the treasury be applicable to the
Demands OF withdrawing members, without the
consent OF the dircctors The directors may, NJ
their discretion, under rules made by them, retire
ne unpledgcd shares Of any series, at any tino
after four years from the date Of their issue by
enforcing the withdrawal of the same provided,
that the shareholders whore shares are to be
H.,
shall be paid the full value of their shares less a
nnes and proportionate part Of any unadlusted
Section iIs When each unpledgsd share Of a
given series reaches the value of two hundred
dollars, all payments OF dues thereon shAl cease,
and the holder thereof ehall be paid out OF tho
funds of the association, two hundred dollars
therefor, with interest at the nate Of ak per cent
year. from the time of such maturity to the time of
payment provided, that at no tIno shall more than
onehaf OF the funds in the treasury he applicable
10 the payment of such matured shares, without
the consent OF the directors and that before pay
Ing matured shares. all arrears and fines -hall be
deducted. Every share shall be subjcct y lien
for the payment OF any unpaid dues, fines interest,
premiums and other charges received thereon,
which may be enforced In the manner hereinafter
provided.
Section i59 The moneys accumulated after
due allowance made FOR all necessary and proper
expenses and for the withdrawal Of shares zhall,
at each stated monthly meeting be offered to tho
members according To the premiums bud by them
Tor priority Of right to a loan, Each member
whose bid Is accepted shall he entitled, upon Civ
Ing proper security. to receive loan OF two hun
bred dollars for each share held hy lin, ur such
fractional part of two hundred dollnr- the by
laws may allow II balance of money remains
unsold after monthly sale tue directors may IN
vest the same IN any OF the securities named in
section one hundred OF chapter forty-scven revised
statutes, providing for investments of deposits Of
savings banks. Any association organsedas atore-
tai may provide IN it, hy-awa that the bid Tor
loans, at its stated monthly meetings shall instead
Of premium, he rnte at annual interest upon
the sum desired payable In monthly installment-
Such bids shall include the whole interest 10 be-
paid, and may he at any rate not less than Eve per
cent per annum.
Of u percentage charged ON the amount lent III
addition to interest, and shall be deemed e. To
consideration paid by The borrower for The Present
use aud pos'ssinn OF the future or ultimate y1lu"
of his share ant shall, tog ar with b. teft4t md
dnes he received BY the iation profit on
the capital invested IN the Loan, ami ahAll he e--
tributed to the various shares ard series Of said
capital "A hereinafter provided
Section Ia A borrowing member. for eidh
al. Hs.rr "A - / .HH